Federated Hermes Premier Municipal Income Fund (FMN) vs RiverNorth Capital and Income Fund (RSF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
RiverNorth Capital and Income Fund (RSF) has outperformed Federated Hermes Premier Municipal Income Fund (FMN) over the past year, losing 4.1% versus a loss of 9.8%. Over five years, RSF leads with a -26.5% price change compared with -34.3% for FMN. Federated Hermes Premier Municipal Income Fund is the larger company by market cap ($77.2 million vs $49.2 million), about 1.6 times the size.
On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.7x vs 10.9x for RiverNorth Capital and Income Fund). Federated Hermes Premier Municipal Income Fund pays a dividend yielding 5.11%, while RiverNorth Capital and Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FMN | RSF |
|---|---|---|
| Share price | $9.88 | $14.20 |
| Market cap | $77.25M | $49.19M |
| 1-day change | -1.30% | -0.70% |
| YTD return | -11.07% | -1.11% |
| 1-year return | -9.77% | -4.05% |
| 5-year return | -34.31% | -26.47% |
| P/E ratio (TTM) | 8.67 | 10.92 |
| Forward P/E | — | 7.68 |
| EPS (TTM) | $1.14 | $1.30 |
| Dividend yield | 5.11% | 11.59% |
| Annual dividend | $0.505 | $0.00 |
| 52-week high | $11.76 | $15.07 |
| 52-week low | $9.77 | $14.07 |
| Distance from 52-week high | -15.99% | -5.77% |
| Average volume | 32.48K | 9.11K |
| Shares outstanding | 7.82M | 3.46M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RiverNorth Capital and Income Fund trades at a higher earnings multiple (10.9x vs 8.7x trailing P/E).
- RiverNorth Capital and Income Fund offers a meaningfully higher dividend yield (11.59% vs 5.11%).
FMN vs RSF FAQ
Which is bigger, Federated Hermes Premier Municipal Income Fund or RiverNorth Capital and Income Fund?
Federated Hermes Premier Municipal Income Fund (FMN) is larger, with a market capitalization of $77.25M compared with $49.19M for RiverNorth Capital and Income Fund (RSF).
Which stock has performed better over the past year, FMN or RSF?
RSF returned -4.05% over the past 12 months, compared with -9.77% for FMN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FMN or RSF?
FMN has the lower trailing P/E at 8.7, versus 10.9 for RSF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Federated Hermes Premier Municipal Income Fund or RiverNorth Capital and Income Fund?
RiverNorth Capital and Income Fund has the higher yield at 11.59%, compared with 5.11% for Federated Hermes Premier Municipal Income Fund.
Are Federated Hermes Premier Municipal Income Fund and RiverNorth Capital and Income Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.